3.33 /
0.5%
667.06
NAV on 2020/05/27
| NAV on 2020/05/26 |
663.73 |
| 52 week high on 2020/02/20 |
802.72 |
| 52 week low on 2020/03/19 |
569.9 |
| Total Expense Ratio on 2020/03/31 |
1.49 |
| Total Expense Ratio (performance fee) on 2020/03/31 |
0.02 |
| Basic Materials |
26.84 |
8.15% |
| Consumer Goods |
23.66 |
7.18% |
| Consumer Services |
19.48 |
5.91% |
| Derivatives |
2.43 |
0.74% |
| Financials |
34.32 |
10.42% |
| Health Care |
15.11 |
4.59% |
| Liquid Assets |
52.95 |
16.08% |
| Specialist Securities |
6.47 |
1.96% |
| Technology |
41.37 |
12.56% |
| Offshore |
106.73 |
32.41% |
Management company:
Boutique Collective Investments (RF) (Pty) Ltd. |
Formation date:
2004/04/01 |
ISIN code:
ZAE000054011 |
Short name:
U-BBVISIO |
Risk:
Unknown |
Sector:
South African--Multi Asset--Flexible |
Benchmark:
CPI + 3% p.a |
Patrice Moyal
Visio Fund Management (Pty) Ltd.
BluBay Visio Actinio comment - Jun 05
2005/07/28 00:00:00
General The managers have decided that going forward they will only comment on a quarterly basis.
Performance For the second quarter the fund has achieved a return of 8.3% while the All Share and Financial & Industrial indices have increased by 7.4% and 6.2% respectively. Following the strong performance of the Resource index over the last six months, the All Share index returned 44% and the Financial & Industrial index 47% over the last 12 months.
Outlook Whilst we are positive about the prospects for equity as an asset class, we continue to invest in high dividend yielding shares and shares that are supported by a solid book value of assets.
The fund is aimed at achieving positive returns over rolling one-year periods. The fund's main asset classes are equity and cash. The objective is to achieve superior long-term risk adjusted returns. This objective will be achieved through stock selection based on in-depth research and analysis of company and sector fundamentals. The stock selection is aimed towards shares with low investment risk.
